by Ron DeLord | Feb 7, 2016 | Collective Bargaining, Fire, Labor, Pensions, Police, Politics, Unions
Accountants analyzing Niles’ police and fire pension funds are recommending increased funding for firefighter pensions and a decrease for police pensions. Because firefighters are living longer and police officers are living shorter lives than the last time a...
by Ron DeLord | Feb 7, 2016 | Collective Bargaining, Fire, Labor, Police, Politics, Public Employees (Non-Sworn), Unions
A bill that would make all public employees’ union negotiations open to the public generated support along with a few doubts at its first hearing Tuesday. Supporters say House Bill 2325, called the Public Employee Bargaining Transparency Act, would increase openness....
by Ron DeLord | Feb 7, 2016 | Collective Bargaining, Fire, Health Insurance, Labor, Police, Politics, Public Employees (Non-Sworn), Unions
California has rightly received a good deal of attention for the unfunded pension liabilities – estimated in the hundreds of billions of dollars – that current and future taxpayers will have to pay, but far less attention has been paid to its retiree health care...
by Ron DeLord | Feb 7, 2016 | Collective Bargaining, Fire, Labor, Police, Politics, Unions
Dallas Police Chief David Brown pulls no punches, because, at this point, he simply cannot afford to. “The pension fund is a very serious problem,” he said Tuesday, referring to what Dallas Mayor Mike Rawlings calls “the billion-dollar hole” in the middle of the...
by Ron DeLord | Feb 7, 2016 | Fire, Labor, Pensions, Police, Politics, Unions
Houston isn’t ready to boost property taxes like Chicago did even as it considers extending repayment of its debt and works to plug its more than $5 billion pension shortfall, Mayor Sylvester Turner said. Moody’s Investors Service revised its Houston outlook to...
by Ron DeLord | Feb 7, 2016 | Collective Bargaining, Fire, Labor, Police, Politics, Unions
A proposed change to the city of La Crosse’s anti-nepotism policy is raising concerns among police and firefighters, who argue it would hurt recruitment and retention efforts in the city. The policy, as written, disqualifies any candidate who would be supervised by or...